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CHTTX AMG Managers Fairpointe Mid Cap N

  • Fund
  • CHTTX
  • Price as of: Jul 15, 2019
  • $37.14 - $0.13 - 0.35%
  • Category
  • Mid Cap Blend Equities

CHTTX - Profile

Vitals

  • YTD Return 16.3%
  • 3 Yr Annualized Return 0.3%
  • 5 Yr Annualized Return -5.1%
  • Net Assets $2.18 B
  • Holdings in Top 10 31.4%

52 WEEK LOW AND HIGH

$37.14
$31.49
$42.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 18.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Mid Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Value

Distributions

  • YTD Total Return 16.3%
  • 3 Yr Annualized Total Return 6.9%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name AMG Managers Fairpointe Mid Cap Fund
  • Fund Family Name AMG Funds
  • Inception Date Sep 19, 1994
  • Shares Outstanding N/A
  • Share Class N
  • Currency USD
  • Domiciled Country United States
  • Manager Thyra E. Zerhusen

Fund Description

The fund invests at least 80% of its assets in stocks of mid-cap companies with an improving revenue and earnings growth outlook. The adviser currently considers mid-cap companies to be those with market capitalizations at the time of acquisition within the capitalization range of the Russell Midcap® Index. The subadviser selects stocks based on bottom-up fundamental analysis.

CHTTX - Performance

Return Ranking - Trailing

Period CHTTX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.3% -9.4% 23.9% 36.40%
1 Yr -11.3% -40.2% 16.6% 49.81%
3 Yr 0.3%* -14.3% 11.9% 33.47%
5 Yr -5.1%* -16.2% 8.5% 69.32%
10 Yr 7.1%* -4.4% 13.8% 32.78%

* Annualized


Return Ranking - Calendar

Period CHTTX Return Category Return Low Category Return High Rank in Category (%)
2018 -25.2% -44.3% 7.9% 78.93%
2017 4.7% -20.7% 25.7% 60.15%
2016 18.8% -15.1% 40.3% 3.98%
2015 -15.6% -32.9% 1.5% 76.10%
2014 -7.5% -42.4% 14.7% 90.20%

Total Return Ranking - Trailing

Period CHTTX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.3% -9.4% 23.9% 36.40%
1 Yr -3.4% -40.3% 17.6% 32.18%
3 Yr 6.9%* -12.1% 20.4% 21.91%
5 Yr 3.3%* -16.2% 11.5% 39.04%
10 Yr 13.3%* -4.4% 14.9% 5.56%

* Annualized


Total Return Ranking - Calendar

Period CHTTX Return Category Return Low Category Return High Rank in Category (%)
2018 -18.6% -44.3% 7.9% 56.70%
2017 11.5% -8.7% 25.7% 60.92%
2016 24.1% -4.9% 40.3% 3.59%
2015 -10.4% -32.9% 2.7% 72.51%
2014 9.6% -42.4% 17.2% 17.96%

NAV & Total Return History

CHTTX - Holdings

Concentration Analysis

CHTTX Category Low Category High CHTTX % Rank
Net Assets 2.18 B 1.77 M 105 B 14.56%
Number of Holdings 45 5 3267 80.84%
Net Assets in Top 10 794 M 1.59 M 7.5 B 5.36%
Weighting of Top 10 31.38% 5.1% 98.8% 35.25%

Top 10 Holdings

  1. Tegna Inc 4.33%

  2. Mattel Inc 3.40%

  3. Molson Coors Brewing Co B 3.28%

  4. Meredith Corp 3.20%

  5. LKQ Corp 3.04%

  6. Northern Trust Corp 2.93%

  7. Juniper Networks Inc 2.83%

  8. Bunge Ltd 2.81%

  9. Werner Enterprises Inc 2.79%

  10. Westinghouse Air Brake Technologies Corp 2.75%


Asset Allocation

Weighting Return Low Return High CHTTX % Rank
Stocks
96.57% 24.97% 103.09% 55.17%
Cash
3.43% -3.09% 40.74% 43.68%
Preferred Stocks
0.00% 0.00% 9.10% 64.37%
Other
0.00% -8.66% 3.09% 60.92%
Convertible Bonds
0.00% 0.00% 0.36% 61.30%
Bonds
0.00% 0.00% 34.31% 66.67%

Stock Sector Breakdown

Weighting Return Low Return High CHTTX % Rank
Consumer Cyclical
35.24% 0.00% 35.24% 0.38%
Industrials
15.27% 0.00% 46.61% 46.36%
Technology
14.90% 0.11% 35.89% 65.52%
Consumer Defense
7.72% -1.17% 15.66% 6.90%
Financial Services
7.55% 0.00% 52.69% 81.99%
Healthcare
7.47% 0.00% 45.49% 72.80%
Basic Materials
4.68% -0.25% 18.13% 43.68%
Energy
3.73% -0.82% 14.35% 61.30%
Utilities
0.00% -0.50% 28.42% 85.44%
Real Estate
0.00% -0.49% 12.91% 94.25%
Communication Services
0.00% -0.05% 25.65% 83.52%

Stock Geographic Breakdown

Weighting Return Low Return High CHTTX % Rank
US
93.48% 14.28% 100.30% 52.49%
Non US
3.09% 0.00% 50.86% 45.98%

CHTTX - Expenses

Operational Fees

CHTTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.03% 6.27% 49.43%
Management Fee 0.61% 0.00% 2.00% 34.87%
12b-1 Fee 0.25% 0.00% 1.00% 41.03%
Administrative Fee 0.15% 0.01% 0.35% 75.38%

Sales Fees

CHTTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CHTTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CHTTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 1.00% 196.54% 19.92%

CHTTX - Distributions

Dividend Yield Analysis

CHTTX Category Low Category High CHTTX % Rank
Dividend Yield 0.00% 0.00% 0.05% 40.23%

Dividend Distribution Analysis

CHTTX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

CHTTX Category Low Category High CHTTX % Rank
Net Income Ratio 0.19% -4.72% 2.61% 60.54%

Capital Gain Distribution Analysis

CHTTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

CHTTX - Managers

Thyra E. Zerhusen

Manager

Start Date

Tenure

Tenure Rank

May 01, 1999

20.18

20.2%

CEO and Chief Investment Officer – Ms. Zerhusen is the principal founder of Fairpointe Capital LLC, CEO and Chief Investment Officer of the firm. She is part of the Investment Team, serving as lead portfolio manager for the Mid-Cap Core Equity and Co-Portfolio Manager for the ESG Equity Strategy, including the AMG Managers Fairpointe Mid Cap Fund, the AMG Managers Fairpointe ESG Equity Fund, the Parvest Equity USA Mid Cap Fund, and institutional separate accounts. Prior to founding Fairpointe Capital, Ms. Zerhusen was the Chief Investment Officer for Mid-Cap Equities at a predecessor firm beginning in October of 2003. Ms. Zerhusen also spent four years at Talon Asset Management as Senior Vice President and Portfolio Manager, where she began managing the Aston (now AMG) Mid Cap Fund. She has managed the fund without interruption for eighteen years, thus preserving the long-term track record. Previously, she was employed by The Burridge Group as principal and portfolio manager for a tax-sensitive mid-cap product, and spent eleven years as Senior Investment Analyst at Sears Investment Management Company. Ms. Zerhusen started her career as an Investment Research Officer at Harris Trust & Savings Bank in Chicago and was responsible for in-depth financial analysis of company fundamentals and industry trends. She has been a guest on Wall Street Week with Louis Rukeyser, CNNfn’s Mutual Fundamentals, Bloomberg, and CNBC. Ms. Zerhusen received an M.S. from the Swiss Federal Institute of Technology with concentrations in life sciences, biotechnology, and economics. She has an M.A. in Economics from the University of Illinois. She is also a member of the CFA Society. Primarily educated in Switzerland, Ms. Zerhusen is fluent in English, French, and German.


Marie L. Lorden

Manager

Start Date

Tenure

Tenure Rank

Mar 01, 2009

10.34

10.3%

Ms. Marie L. Lorden, Partner and Portfolio Manager of Fairpointe Capital LLC. Ms. Lorden co-founded Fairpointe May 1, 2011 and is responsible for research and portfolio management of the firms' mutual funds and institutional client accounts. Most recently (2003-2011), she served as Portfolio Manager/Analyst at Optimum Investment Advisors. Her prior experience includes eight years specializing in equity product analysis with Zurich Insurance Group, Driehaus Capital Management, and The Burridge Group. Ms. Lorden received her BS from Elmhurst College and her MBA from Keller Graduate School of Management.


Brian M. Washkowiak

Manager

Start Date

Tenure

Tenure Rank

Feb 29, 2016

3.33

3.3%

Brian M. Washkowiak, CFA, serves as a member of the Mid-Cap Investment Team. His responsibilities include investment research and portfolio management. Mr. WashKowiak has many years of experience in the financial industry. Prior to joining Fairpointe Capital LLC in 2015, he was at BW Opportunity Partners, LP, focusing on small and mid-cap investments. Mr. Washkowiak spent thirteen years as a research analyst and portfolio manager at Talon Asset Management, Inc. and was a member of the investment committee. At Talon, Mr. Washkowiak worked with Ms. Zerhusen as an analyst and assistant portfolio manager on the mid-cap strategy. Mr. Washkowiak received a B.A. in Finance from Illinois State University and is a Chartered Financial Analyst (CFA).


Frances E. Tuite

Manager

Start Date

Tenure

Tenure Rank

Apr 30, 2019

0.17

0.2%

Portfolio Manager – Ms. Tuite is part of the Investment Team, serving as co-portfolio Manager for the ESG Equity Strategy and is responsible for investment research for both the ESG Equity and Mid-Cap Equity Strategies. In addition, she manages the 1837 LP long/short equity fund, which she founded in 2000. Prior to joining Fairpointe Capital LLC, Ms. Tuite managed the 1837 Fund at RMB Capital and at Talon Asset Management (under the name Talon Opportunity Partners). Previously, she worked at Sirius Partners and Harris Associates as an analyst and portfolio manager, as a sell-side research analyst at William Blair & Company, and as analyst and Director of Research at Johnson Investment Counsel. Earlier, she was employed at Procter & Gamble in their financial management training program. Ms. Tuite received a B.B.A. from the University of Cincinnati in Finance and Accounting and an M.B.A. in Finance and Accountancy from Miami University in Oxford, Ohio. She holds the CFA® designation, is a member of the CFA Institute and the CFA Society of Chicago, and has passed the Certified Public Accountant examination. She is a member of the Chicago Finance Exchange, an invitation only organization for senior women leaders in finance, and a member of International Women Associates, which pursues global understanding and universal human rights. She serves as Chairman of the Steppenwolf’s Directors Circle, and Board Chair for Recovery on Water, a non-profit focused on breast cancer survivors.


Tenure Analysis

Category Low

0.17

Category High

20.18

Category Average

7.71

Category Mode

2.48